Sentences with phrase «often results in higher interest rates»

They typically carry more credit risk than those issued by Fannie Mae or Freddie Mac, which often results in higher interest rates.

Loans can be obtained without the use of collateral but they often result in higher interest rates and stringent terms for the borrower.

Not exact matches

Variable rates currently offer lower interest rate options, resulting in additional interest savings, but keep in mind — variable rate student loans are often higher risk for borrowers than fixed interest rate student loans.

Generally speaking, a better credit history will result in a lower interest rate on the loan, whereas a credit history with past due payments, previous defaults, and collections will often lead to a higher interest rat, to offset the lender's increased risk in offering credit to a borrower with poor credit.

Payday loans are typically extremely short - term loans, often as short as two weeks, that charge extremely high fees and interest rates that can often result in APRs exceeding 400 %.

Often a missed payment or not having the balance completely paid off by a specified date will result in a much higher interest rate being applied to the entire balance of the loan.

Placing all high interest loans with one lender will often result in a lower interest rate.

Not only does carrying a large balance from month to month often mean interest fees, it also results in a high utilization rate being reported to the credit agencies.

The interest rate on an ARM will often be lower initially, but as interest rates do fluctuate with the market, they can be somewhat unpredictable or even result in higher payments.

Lenders, like JVM Lending, can also help cover closing costs, but such credits often result in slightly higher interest rates.